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5 Credit Score Myths Debunked

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credit score myths to forget

Stop believing these credit score myths everyone seems to be telling these days Many credit card holders have common misconceptions about their scores and aren’t aware of how credit scoring works. Because these numbers are quite important, everyone should understand exactly how credit scores work. Overcoming these myths would help you in maintaining and improving […]

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Impact of Covid-19 on Credit Scores

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how covid-19 has impacted credit scores of Americans

Experts reveal the impact of covid-19 on credit scores Covid-19 pandemic has brought a 32.9% decline to America’s GDP. Businesses have come to a standstill and economic activity has taken a plunge. Since then businesses and individuals are trying to get back on their feet and streamline their finances.  The dire economic conditions have forced […]

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What is Credit Restoration And How Does it Work?

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what is credit restoration

Learn what is credit restoration from experts Commonly known as credit repair, credit restoration is similar to taking your report to a doctor, identifying the problems, and getting them fixed. You may have a bad credit score which can be hindering your loan request. However, by undergoing the credit restoration process, you can improve your […]

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3 Important Tips To Repair Bad Credit

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repair bad credit score

In these troubling financial times, having a bad credit score can add to your financial woes. Bad credit equates to financial insecurity and having an otherwise avoidable drain on one’s financial resources. Due to the advancement in technology, all sectors have become interlinked. Your financials matter now more than ever. But the good news is […]

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Why is it Important to Have a Good Credit Score?

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good credit score

A credit score is a three-digit numerical number between the range of 300-850. It is an indicator of the financial health of a consumer. Financial institutions determine the credit score of a consumer on the basis of the following criteria: The total amount of debt accrued by the consumer Timely repayments of debt Number of […]